Payments News

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Feature: Time for Brazil to get Real?

16 Nov 22 @ 18:09

With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more

US Banks launch pilot for regulated digital asset settlement platform

16 Nov 22 @ 17:54

Members of the US banking community have launched a proof of concept (PoC) project that will explore the feasibility of an interoperable digital money platform known as the regulated liability... read more

Intesa Sanpaolo cashes in on sale of Nexi shares

16 Nov 22 @ 12:00

Intesa Sanpaolo, Italy’s largest bank by assets and market share, has sold its entire 5.1% stake in Nexi for €584 million. Nexi, one of Europe’s biggest payments groups, recently reported... read more

Has Elon Musk set his sights on the payments industry via Twitter acquisition?

09 Nov 22 @ 18:01

Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including to... read more

World Payment Report 2022

09 Nov 22 @ 13:36

The latest edition of the World Payment Report 2022 is now live. As we can all acknowledge, work, shopping, travel, entertainment, services, and commerce all look a bit different from... read more

Billions of dollars being spent by individuals and corporation in Metaverse land grab

07 Nov 22 @ 11:27

Nearly $2 billion (£1.75 billion) has been spent in the Metaverse on virtual land in the past 12 months, as people and companies race to get a foothold in the... read more

Visa, Mastercard and AmEx go big on earnings – Discover down

31 Oct 22 @ 18:04

Its that time again…and its been another stellar quarter for most of the big payments companies even as the rival Big Tech sector has seen a sell off. Strong consumer... read more

Swiss National Bank have made losses of 142.2 billion Swiss francs in 2022

31 Oct 22 @ 16:28

If you thought you were having a bad day or you think that the Bank of England is having a rough time controlling its self what would you say if... read more

Swift accepts community request to delay ISO 20022 migration

30 Oct 22 @ 14:24

Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more

How banks fail to make use of data – and what to do about it

26 Oct 22 @ 18:40

PCM spoke to Andrej Andelic, Business Development Executive at Nets, about what banks are missing out on by not maximising the benefits of customer transaction data. PCM: Many larger banks... read more

Banks are missing out on a customer payment data goldmine

17 Oct 22 @ 16:45

Nets has launched a new product that helps banks which are currently struggling to collate and interpret customer payment data. Time and budget constraints mean most banks do not keep up... read more

56% of FCA regulated firms have not implemented critical Consumer Duty deadline

06 Oct 22 @ 16:15

Businesses are in danger of failing to embrace the opportunity that the upcoming Consumer Duty regulation presents and may not be compliant due to a failure to prepare. New research... read more

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ETC Mining and the anatomy of a crypto scam

02 Mar 26 @ 11:25

Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more

Visa and Mastercard accelerate agentic payments through bank pilots

18 Feb 26 @ 13:35

The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more